Overview
- Intel posted Q3 revenue of about $13.7 billion and adjusted earnings of $0.23 per share, topping estimates that called for roughly $13.1 billion and $0.01.
- The company guided Q4 revenue to $12.8 billion–$13.8 billion with expected adjusted earnings of $0.08 per share as executives said current demand is outpacing supply into 2026.
- Fresh funding included a 10% U.S. government stake for $8.9 billion, Nvidia’s $5 billion investment and SoftBank’s $2 billion, while asset sales of Altera and part of Mobileye added about $5.2 billion to liquidity.
- Shares rallied after the report, rising 6%–12% in extended trading and premarket action, and are up roughly 80%–90% for 2025.
- Foundry remains the swing factor as losses persist and 18A yields at Arizona’s Fab 52 are described as progressing without detail, with the CFO cautioning acceptable yield levels are unlikely before 2027 and the government deal discouraging any divestiture.